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Ethereum rises 10% as investors gain confidence
Investing.com – listed at $ 443.26 at 05:28 (10:28 GMT) on the Investing.com Index on Friday, up 10.15% on the day. It was the largest one-day percentage gain since August 1st.
The move to the upside pushed Ethereum’s market cap to $ 49.75 billion, or 11.22% of the total cryptocurrency market cap. At its peak, Ethereum’s market cap was $ 135.58 billion.
Ethereum had been trading in a range of $ 415.08 to $ 443.41 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen an increase in value, gaining 16.41%. The volume of Ethereum traded in the twenty-four hours at the time of writing was $ 19.23 billion or 8.94% of the total volume of all cryptocurrencies. It has been trading in a range of $ 370.9628 to $ 443.4106 for the past 7 days.
At its current price, Ethereum is still down 68.85% from its all-time high of $ 1,423.20 reached on January 13, 2018.
Elsewhere in cryptocurrency trading
it was last at $ 15,630.2 on the Investing.com Index, up 7.49% on the day.
Tether was trading at $ 0.9997 on the Investing.com Index, down 0.08%.
Bitcoin’s market cap was last at $ 288.60 billion or 65.10% of the cryptocurrency’s total market cap, while Tether’s market cap was $ 16.99 billion or 3, 83% of the total market value of the cryptocurrency.
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